But, you need to understand the intensity, time commitment, capital needed, and skill set required.  

Cash flowing at 5% down was possible about 3 years ago—but that ship may have since sailed.Now, you’re left with two options: you can either pony up more cash per deal, or you can potentially look out of state for markets with more favorable rent-to-price ratios.Or…you can wait for rates to decline, but I don’t know how much a 100 or 150 basis point rate cut in the next year will really move the needle.That said, some firms (usually new construction companies, turnkey providers, etc.) will enter into forward commitments with lenders at institutional rates and then pass cost interest rate savings onto end buyers to entice them to purchase a property.

I'm at a stage in life where my time needs to be allocated most to my career as a physician, to my family, my church, and my other commitments, duties, and hobbies.

And, by the way, if your "mentor" tells you they are going to invest, get them to make that commitment BEFORE you sign on the dotted line.

Before you start commit to a 10 year journey or hard work at a MINIMUM.

It's important to choose that one and commit to using it.

I've always been interested in rental property, but I'm nervous to make a commitment that could put my finances on the line.

So, if I commit fraud through my LLC, I’m still liable personally for fraud.  

Sold on 11/15/2024 for $249,900, this project highlights our commitment to creating value and achieving substantial returns.

Or they have jobs that won't allow them to commit the time.Therefore, partners who write checks into real estate deals cannot use the wonderful passive losses created to offset their ordinary income from their job or business.But what if I told you there might be a way to use leverage and depreciation even if you aren't a pro?